We interviewed Regency Chairman today about the JV with Legacy Hill Resources and Loan Agreement, Company Signs US$1,600,000 Loan Agreement RNS update. In this podcast, we ask 12 shareholders question that has been sent to Share Talk.
1 – Could you explain the terms of the loan, and how that works?
2 – Is the loan for the acquisition of a currently operating Met mine?
3 – How will the loan be repaid, will it be from coal mine operating revenue?
4 – Will RGM need to finance any more to purchase the coal mine?
5 – Will Legacy Hill and RGM take regular management fees/ cash dividends from the operating JV company?
6 – Will the coal mine provide RGM with enough working capital to cover ongoing plc activities?
7 – Will any coal mine operating profits be used to acquire any more coal projects?
8 – What is the ultimate plan for MET? Sell the company, public listing?
9 – Does the coal mine have all the required plant/ machinery and staff?
10 – What's happening with the Rosa project?
11 – Can you provide a brief update on Mambare?
12 – You recently announced a small investment in energy storage company, Allied Energy. Can you provide any information about this investment?
